The partitioning of random graphs is investigated numerically using "simula
ted annealing" and "extremal optimization". While generally in an NP-hard p
roblem, it is shown that the optimization of the graph partitions is partic
ularly difficult for sparse graphs with average connectivities near the per
colation threshold. At this threshold, the relative error of "simulated ann
ealing" is found to diverge in the thermodynamic limit. On the other hand,
"extremal optimization", a new general purpose method based on self-organiz
ed criticality, produces near-optimal partitions with bounded error at any
low connectivity at a comparable computational cost. (C) 1999 Elsevier Scie
nce B.V. All rights reserved.